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$895,000
ACTIVE Status
Unlock the potential of two adjacent primo parcels spanning 4.54 acres (APN 642 081-003 and 004) in the thriving Desert Hot Springs area. Boasting 668 feet of frontage on Hacienda Ave and 303 feet on Verbena Drive, these parcels are perched on the positive slope of the north side, offering breathtaking 270 panoramic views of the San Jacinto Mountains and the San Gorgonio Pass. Zoned R-VS-H (Residential/Visitor-Service High Density), this land is ideal for hot water spas, hotels, or up to 14 residential units, with access to 120-125 mineral springs just 300 feet underground. Utilities are already in place, providing convenience and flexibility. Sidewalks and curbs are in place. Even more exciting, this land could host 56-60 townhomes with a variance of use, as seen in the nearby Hacienda Hills development. Take advantage of the Opportunity Zone designation, offering developers potential capital gains tax deferrals or eliminations up to 39% per million in tax credits over 7 years. Strategic Location: Positioned at the western gateway to Coachella Valley, just minutes from the renowned Desert Hot Springs resort spa area and 20 minutes to Palm Springs. With such potential for significant returns, this is an exceptional investment opportunity for the astute developer looking to capitalize on Desert Hot Springs' booming growth and economic incentives!

Hacienda Ave, Desert Hot Springs

Courtesy of Desert Local Realty, Alex Bias - CA DRE#00710180

Mission Lakes Blvd, Desert Hot Springs
$275,000
ACTIVE Status
Offered for sale are two contiguous parcels (parcels 10 and 12) totally 2.87 acres. During 2020, the City of Desert Hot Springs rezoned the 5 parcels fronting Mission Lakes Blvd. between Rolling Hills Drive to the west and Sonora Drive to the east, from residential low-density to Neighborhood Commercial-creating a rare commercial location in this part of the city. As the population continues to grow, this location will be ideal for a strip center/fast food neighborhood retail center. Listing Broker also has parcels 7 and 8 for sale. In speaking with the Building and Planning Department, the city is open minded to proposals for Neighborhood Commercial/Retail Use. Prospective buyers to check with the city for proposed commercial use. Great future opportunity!

Mission Lakes Blvd, Desert Hot Springs

Courtesy of Century 21 Adams & Barnes, Brion Costa - CA DRE#00939864

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